Saturday 12 April 2025 01:46 GMT

Nasdaq Monthly Forecast: April 2025 (Chart)


(MENAFN- Daily Forex)
  • As I write this analysis, we are in the midst of freaking out about the new auto tariffs being levied by the United States.
  • That being said, we also have already sold off quite drastically over the last couple of weeks, so one would have to think that sooner or later the buyers will show up.
  • The question of course is going to be when will they?

This is the hardest part of the analysis going into the month of April, because we are waiting to see what the next tweet is to determine what to do. Eventually, Wall Street will learn to ignore the president, because we've already seen that play out during the first administration. However, in the meantime it will be more drama than you have in your typical American high school. Because of this, the NASDAQ 100 will be particularly difficult, because it is by far the most volatile index that most of us trade.

Top Forex Brokers1 Get Started 74% of retail CFD accounts lose money

I think that if we can get a week where we stay above the 20,000 level on a close, that could be the sign that we are in fact going to rally. Regardless, I have no interest in shorting this market, because it is not equally weighted, meaning that just a couple of stocks can make it go higher. Remember, that's what most of you love about this index is that just a couple of companies can make all of the difference. It works in both directions, as we have seen in video get hammered, the NASDAQ 100 suffered as well.

EURUSD Chart by TradingView

A lot of this is going to come down to interest rates, and whether or not they start rising rapidly. If they do that tends to work against technology companies such as the one you find in this index, and therefore you need to keep an eye on the bond market. If interest rates start to fall rapidly, or perhaps the Federal Reserve signals that it's going to start cutting rates aggressively, then the NASDAQ 100 will be the place to be. Regardless, this is a very dangerous time in this index, and I don't think it's going to get any better anytime soon.

Ready to trade our monthly forecast ? We've made this stocks brokers list for you to check out.

MENAFN03042025000131011023ID1109386796


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search